Avatar Creation Tool ‘Ready Player Me’ Raises $13M to Provide Metaverse-wide Avatars
Wolf3D, the Estonian startup behind web-based avatar creator Ready Player Me, has closed a $13 million funding round. The company says it will use the funds to further build out its avatar creation tools and eventually allow developers to earn money through the sale of in-game assets and non-fungible tokens (NFTs). Ready Player Me studio Wolf3D […]

The post Avatar Creation Tool ‘Ready Player Me’ Raises $13M to Provide Metaverse-wide Avatars appeared first on Road to VR.

Road to VR & Scott Hayden

3. Januar 2022
Dent Reality Raises $3.4M to Bring AR Turn-by-turn Directions into Retail
Dent Reality, the UK-based augmented reality startup, announced it’s secured £2.5m (~$3.4m) in funding, something the company plans to use to further its efforts to bring phone-based AR navigation into the retail sector. The funding round was led by Pi Labs, with participation from Europe’s Sugar Capital, Silicon Valley’s 7Percent Ventures, and a number of […]

The post Dent Reality Raises $3.4M to Bring AR Turn-by-turn Directions into Retail appeared first on Road to VR.

Road to VR & Scott Hayden

24. November 2021
Resolution Games Acquires Studio Behind ‘Carly and the Reaperman’ Quest Port
Resolution Games, a leading developer of XR content, has acquired Zero Index, the studio which helped bring Odd Raven Studios’ VR co-op game Carly and the Reaperman (2018) to the Quest platform earlier this year. Zero Index is a game studio and consulting firm focused on B2B services within both the game and IT industry. Founded by […]

The post Resolution Games Acquires Studio Behind ‘Carly and the Reaperman’ Quest Port appeared first on Road to VR.

Road to VR & Scott Hayden

23. November 2021
Niantic Raises $300M Investment at $9 Billion Valuation to build “real-world metaverse”
Niantic, the company behind Pokémon GO, today announced it has raised a $300 million Series D investment which values the company at $9 billion. Beyond its geo-location games, the company has been building out a world-scale framework which it believes will be critical for a future full of rich augmented reality. Niantic is best known for […]

The post Niantic Raises $300M Investment at $9 Billion Valuation to build “real-world metaverse” appeared first on Road to VR.

Road to VR & Ben Lang

Leading Hand-tracking Company Ultraleap Raises $82 Million Investment
Ultraleap, a leading company focused on hand-tracking interfaces, this week announced it has secured a £60 million (~$82 million) Series D investment, with the goal of expanding its hand-tracking and mid-air haptic tech in the XR space and beyond. Formerly known as Ultrahaptics, Ultraleap was formed after the UK-based haptics company acquired leading hand-tracking company Leap […]

The post Leading Hand-tracking Company Ultraleap Raises $82 Million Investment appeared first on Road to VR.

Road to VR & Ben Lang

19. November 2021
Leading Hand-tracking Company Ultraleap Raises $82 Million Investment
Ultraleap, a leading company focused on hand-tracking interfaces, this week announced it has secured a £60 million (~$82 million) Series D investment, with the goal of expanding its hand-tracking and mid-air haptic tech in the XR space and beyond. Formerly known as Ultrahaptics, Ultraleap was formed after the UK-based haptics company acquired leading hand-tracking company Leap […]

The post Leading Hand-tracking Company Ultraleap Raises $82 Million Investment appeared first on Road to VR.

Road to VR & Ben Lang

Social VR Startup Raises $57 Million Investment Led by Major Japanese Mobile Network
Japanese social VR startup HIKKY announced today that it has raised ¥6.5 billion (~$57 million), led by Japanese mobile network operator NTT Docomo. The startup says it will use the funds to expand its web-based metaverse platform. Founded in 2018, Japan-based Hikky is best known for its series of ‘Vket’ events, virtual marketplaces where exhibitors […]

The post Social VR Startup Raises $57 Million Investment Led by Major Japanese Mobile Network appeared first on Road to VR.

Road to VR & Ben Lang

15. November 2021
Sandbox VR Announces $37M Series B Funding to Expand Out-of-home VR Locations
Out-of-home VR destination Sandbox VR today announced an additional $37 million funding round that the company is using to support its continued expansion. In addition to its dozen worldwide locations, Sandbox VR says it’s working to nearly doubling that. The Series B funding was led by a16z, and includes participation by Alibaba and Craft. According to Crunchbase data, […]

The post Sandbox VR Announces $37M Series B Funding to Expand Out-of-home VR Locations appeared first on Road to VR.

Road to VR & Scott Hayden

10. November 2021
CEO Shares First Details on Magic Leap 2, Announces $500 Million in New Funding
Magic Leap today announced that it has raised $500 million in new capital at a $2 billion valuation. This comes ahead of the launch of its upcoming AR headset, Magic Leap 2, which it promises will be smaller, lighter, and tuned to be an “all day” device. New Capital Magic Leap CEO Peggy Johnson took […]

The post CEO Shares First Details on Magic Leap 2, Announces $500 Million in New Funding appeared first on Road to VR.

Road to VR & Ben Lang

11. Oktober 2021
Promising VR MMO ‘Zenith: The Last City’ Just Got a Huge Boost With $10 Million in Funding
Ramen VR, the studio behind the upcoming VR MMO Zenith: The Last City announced today that it has raised $10 million in venture capital. The game is set to launch later this year on all major headsets. Zenith: The Last City got its start with a successful Kickstarter back in 2019. Despite raising $280,000—significantly more than its […]

The post Promising VR MMO ‘Zenith: The Last City’ Just Got a Huge Boost With $10 Million in Funding appeared first on Road to VR.

Road to VR & Ben Lang

27. September 2021